MSFT 414.2162 -0.3066% AAPL 228.5 -0.2183% NVDA 146.7395 0.5823% GOOGL 167.89 -4.5971% GOOG 169.5501 -4.3872% AMZN 198.38 -2.2181% META 563.1866 -0.4126% BRK-A 564000.0 1.0181% BRK-B 371.74 0.9998% AVGO 164.04 0.4839% TSLA 340.34 -0.4941% TSM 190.62 1.1998% LLY 748.98 -0.588% V 309.9 0.8166% JPM 244.85 1.6903% UNH 597.49 -0.5012% NVO 102.79 -2.3558% WMT 88.39 1.3879% LVMUY 120.53 -0.9044% XOM 122.0297 1.421%

Momentum Screener

Companies with Positive Price Momentum as per Technical Indicators

Showing 10 Results

Ticker GICS Sector Market Capitalization (USD mn) CMP % Change Close Price (USD) Daily Volume Mean Consensus Rating Consensus Mean Target (USD) Analyst Coverage (Total) Support Level* Resistance Level* % Above 52 Week Low % Below 52 Week High Average Daily Volume (5 Days) Average Daily Volume (30 Days) RSI Winder Smoothing - 14 Days MACD Histogram 20-day SMA (USD) 50-day SMA (USD) DMI - Positive Directional Indicator DMI - Negative Directional Indicator Beta Number of Analysts (Strong Buy) Number of Analysts (Buy) Number of Analysts (Hold) Number of Analysts (Sell) Number of Analysts (Strong Sell) Mean EPS Estimate (USD)^ High EPS Estimate (USD)^ Low EPS Estimate (USD)^ Mean Revenue Estimate (USD mn)^ High Revenue Estimate (USD mn)^ Low Revenue Estimate (USD mn)^

Source: Data Powered by Licensed Source, Data as of Nov. 15, 2024. The above companies data is updated on a weekly basis.

Note: 1Y = 1 Year; 3Y = 3 Years; 5Y = 5 Years; ROE refers to return on equity; ROIC refers to return on invested capital; PE refers to price to earnings ratio; TTM refers to Trailing Twelve Months; LFY refers to last fiscal year; EPS refers to Basic Earnings per Share; P/E refers to Price to Earnings Ratio; SMA refers to simple moving average; CMP refers to Current Market Price; WACC refers to Weighted Average Cost of Capital; LTM refers to Last Twelve Months; D/E refers Debt to Equity Ratio; Current Asset metrics for 'Banks' refer to end of period (EOP) loans divided by end of period (EOP) deposits; NA refers to data not available

^Broker estimates for upcoming fiscal year

Momentum Stocks Data vs NASDAQ 1 Month Return 3 Month Return 6 Month Return 1 Year Return
*Screener Average Return (%) 9.85 28.68 23.32 69.88
NASDAQ Return 1.99 6.17 11.57 32.45
Excess Return over NASDAQ Return 7.86 22.51 11.74 37.43

Source: Data Powered by Licensed Source, Data as of Nov. 15, 2024. *The above performance data is based on average price change for selected stocks listed on NASDAQ, as per the screening criterias defined for Momentum Screener. The performance data is updated on a weekly basis.

Description of Momentum Screener

Momentum companies' data aims to reflect the companies trading with positive momentum. The key technical indicators and price parameters used for this screen include Relative Strength Index (RSI), Simple Moving Averages (SMAs), Moving Average Convergence/ Divergence (MACD), Directional Movement Index (DMI), Volume and Beta.

The RSI indicates price momentum and signals momentum in trend. A reading of 70 or above suggests overbought status, while a reading of 30 or below suggests an oversold status. Similarly, SMA helps identify existing price trends. If the stock price trade above the 21-period SMA, then it suggests prices are currently in a bullish trend and vice–versa. MACD is a momentum oscillator used for indicating trends and not to recognise oversold or overbought status. MACD reflects two lines on the chart which swing without margins. If the two lines crossover, it indicates trading signals alike two-moving average system.

When all the above-mentioned technical parameters are combined, it helps reflect shares either in positive or negative momentum. The Momentum Stocks Screener is used to identify potential technical analysis driven short-term opportunities in this space.

Key Metrics Description
Relative Strength Index (RSI) Wilder Smoothing A momentum indicator that can gauge the stock's price trend and its strength
Moving Average Convergence/ Divergence (MACD) Histogram Used to identify possible trend reversals and price swings
20-Day Simple Moving Average (SMA) A trend-following indicator calculated by averaging 20 days close price data point
50-Day Simple Moving Average (SMA) A trend-following indicator calculated by averaging 50 days close price data point
Directional Movement Index (DMI) A momentum indicator that help in the trend's direction and strength analysis
Volume It represents the number of shares that have been traded in a particular period
Beta It represent the stock's volatility with respect to the overall market's volatility
Company Market Capitalization Stocks with more than INR 2000 million market capitalization are considered
 

 

FAQ

Momentum trading involves taking advantage of upward or downward trends in a stock and taking position accordingly. It involves taking high-risk as stocks might be in good momentum technically but might have strong fundamentals.
A stock is in momentum if the price differences for a fixed time interval as measured are moving in the same direction. For instance, developing a 20-day momentum line requires that the closing price of a stock 20 days ago is reduced from the last closing price. The value then can be shown near a zero line.
No, this screener includes stocks from across the sectors and market capitalization.
The consensus mean target is deduced using statistical averages of broker estimates determined to be on the majority accounting basis and is provided by the licensed data provider. The price target is the projected price level forecasted by the respective analyst(s) within a specific time horizon.

The mean consensus rating is based on the data provided by the licensed data provider. The Consensus Rating is based on the Standard Scale of 1) Strong Buy, 2) Buy, 3) Hold, 4) Sell, and 5) Strong Sell.

Disclaimer - The information, data and other resources available on this website and received from Kalkine Equities LLC.(“Kalkine”) such as e-mails or newsletters are provided for education and informational purposes only. It does not constitute or provide financial, investment or trading advice in any form or manner. You should not make any decision, financial, investments, trading or otherwise, based on any of the data presented on the website without undertaking independent due diligence and consultation with a professional broker or competent financial advisor. The data contained in this website is not necessarily real-time nor accurate. Data as displayed is provided by one or more licensed sources, and company charts are provided by TradingView. Kalkine does not endorse the quality, reliability, or accuracy of the content available on the website. Information changes rapidly and some content may be out of date, such as share price information or “real-time” quotes. Kalkine and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website or received through Kalkine. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Kalkine and/or the data provider. All intellectual property rights are reserved by the data providers providing the data contained in this website.